A loan of $1,125 helped a member purchase waxed pagne cloth.

Kossomine Group's story

The seven members of the Kossomine Group are all married women with an average age of 48 and an average of five children each. Most of them live within traditional family frameworks in Kaboila, a village very close to Sikasso in the third administrative region of Mali. In order to better serve their customers, this will be their eleventh loan with the Soro Yiriwaso Microfinance Institution. Adiaratou, the woman sat in the middle of the first row of the photograph, alongside the other women of the Kossomine Group, sells waxed pagne cloth. She plans on using this loan to purchase 19 sheets of waxed pagne cloth in Sikasso, where her quality wares are greatly sought-after by her customers. The resale is carried out in Sikasso and in Kaboila to both male and female customers, accepting both cash and credit. She plans on making an average monthly profit of 27,000 FCFA, part of which will be used to pay off the loan and its interest while the rest will go towards her savings.

In this group: Korotoumou , Mariam , Mariam , Sali , Anchata , Adiaratou , Koumba

Translated from French by Kiva volunteer Christopher Smith

Loan details

Lenders and lending teams

Loan details